Written by
Nick Blenkey
MOU to cooperate on Korean offshore wind was signed by KMC Line’s CEO James Jonghoon Kim and Esvagt CEO Peter Lytzen ( entrance row) within the presence of (L to R) the Korean ambassador to Denmark,Hyong Gil Kim, Danish Transport CEO Anne H Steffensen,and the Danish ambassador to Korea, Svend Olling.
Danish offshore wind assist specialist Esvagt, which is partnered with Crowley within the Crest Wind JV for the U.S. market, is planning to enter the Korean offshore wind market. It’s getting into a strategic partnership with Korean coastal transport specialist KMC Line.
The 2 corporations this week signed a Memorandum of Understanding (MOU) in Copenhagen, within the presence of the Korean ambassador in Denmark, Hyong Gil Kim; the Danish ambassador in Korea, Svend Olling, and Anne H. Steffensen, CEO of Danish Transport
“We’re very proud to have signed a MoU with KMC Line and are wanting ahead to a fruitful partnership,” mentioned Peter Lytzen, CEO of Esvagt. “Now we have little question that Esvagt and KMC Line current a compelling providing. By combining KMC Line, a good transport firm with a powerful presence in Korea, and Esvagt’s experience in Europe as a number one SOV operator, we will provide the rising Korean offshore wind trade a first-class service.”
Combining the 2 transport corporations’ respective strengths is the brand new partnership’s strongest card to safe a major market place within the growing offshore worth chain in Korea, says KMC Line’s CEO, James Jonghoon Kim.
“KMC Line is devoted to serving to develop offshore wind in Korea, and we’re glad to cooperate with a market chief like Esvagt. Collectively, we will present an skilled and high-quality service for offshore wind and assist the power transition in Korea for a few years forward,” he mentioned.
